reciprocal tariff
U.S. Supreme Court Rules Trump’s Tariffs Unlawful, Questions Remain
On Feb. 20, the United States Supreme Court ruled in the consolidated case Learning Resources, Inc. v. Trump that the International Emergency Economic Powers Act (IEEPA) does not grant the President of the United States the authority to impose tariffs. The ruling found almost all the major tariffs implemented by the current administration were unlawful, including wide-ranging, nation-scale ...
Administration Provides Tariff Relief for Certain Botanical Ingredients
As part of an executive order issued on Nov. 14, President Donald Trump revised and expanded the set of commodities in the Harmonized Tariff Schedule (HTS) that are exempt from reciprocal tariffs. These changes, which are reflected in updates to Annex II and Annex III partially target commodities that cannot be sourced within the United ...
AHPA Responds to Annex III Tariff Rules for Herbal Commodities
On Sept. 5, President Donald Trump passed a new executive order taking a range of actions regarding the tariff policies. The changes include the addition of Annex III, which contains commodities that may be exempt from the reciprocal tariffs. According to the American Herbal Products Association (AHPA), the herbal commodities in Annex III include those ...
Natural Products Industry Responds to Trump Tariffs
On April 2, President Donald Trump declared that “foreign trade and economic practices have created a national emergency.” His executive order imposes responsive tariffs to “strengthen the international economic position of the United States and protect American workers.” Under the order, Trump imposed a 10 percent tariff on all countries effective April 5. There will ...
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